Just a month after Ripple acquired Swiss crypto custodian Metaco, Citibank is reportedly reviewing its year-old partnership with the firm and is in talks with other custody providers. It is currently unclear whether the two events are linked.
The US payments network provider moved into the custody market this week, with the reported quarter billion dollar purchase of Switzerland’s Metaco, also increasing its overseas presence ahead of the ruling in its ongoing SEC dispute.
Ripple signed a deal to acquire Standard Custody & Trust Company, a custody provider licensed in New York, growing its portfolio of regulatory licenses in the U.S.
Ripple signed a deal to acquire Standard Custody & Trust Company, a custody provider licensed in New York, growing its portfolio of regulatory licenses in the U.S.
Just a month after Ripple acquired Swiss crypto custodian Metaco, Citibank is reportedly reviewing its year-old partnership with the firm and is in talks with other custody providers. It is currently unclear whether the two events are linked.
The US payments network provider moved into the custody market this week, with the reported quarter billion dollar purchase of Switzerland’s Metaco, also increasing its overseas presence ahead of the ruling in its ongoing SEC dispute.
The securities provider, which has over €360 billion in assets under management, last week announced a partnership with Swiss crypto custody firm, METACO, to offer digital assets products to both institutional and retail clients.
